Retail Industry

Coles points to rising wages and energy costs as well as increased prices from its suppliers as some of the reasons for painful increases to supermarket prices, as it offers its defence to a federal inquiry into the issue.

The former chair of the ACCC takes aim at electricity providers, banks, airlines, supermarkets, and other big businesses in his new report on price gouging and unfair pricing practices.

The Australian share market rebounds from two straight sessions of losses led by heavyweight miners, while the Woodside-Santos merger collapses, and NAB promotes British-Canadian executive Andrew Irvine as its next CEO.

Concerns are raised about groups of children stealing from supermarkets, after a "distressing" incident at a remote Kimberley store during which teens stole drinks and confectionary and tried to break into a cigarette cabinet.

The RBA has kept interest rates on hold at 4.35 per cent after its first two-day meeting, but says it cannot rule out future rate hikes to keep inflation in check. Look back on how the day unfolded with our blog.

A report into soaring grocery prices, rising energy bills and steep airfares will be released on Wednesday. Its findings and recommendations will cause a headache for some of the country's biggest and most powerful companies, writes Adele Ferguson.

ASX200 closes at record high following gains on Wall Street after Apple, Amazon and Facebook's Meta post results. The dispute between DP World and the Maritime Union comes to an end, but impact could linger for industry and consumers. New data shows lending for new homes is slowing. 

In the heart of country Victoria, where banks are shutting their doors, many small retailers depend on cash — but it can be hard to come by.

A major new survey of roughly 1,000 businesses suggests Australian businesses are worried enough about losing customers that shoppers can soon expect to pay significantly less at the check-out.

A slump in banking stocks leads the Australian share market off its record high, as the US Federal Reserve douses rate cut expectations. See how the day unfolded on our markets blog.

Inflation comes in lower than expected, with prices rising just 0.6 per cent over the December quarter and 4.1 per cent over the past year.

The Australian share market sets a new record high after inflation hit a two-year low in the December quarter, as economists forecast interest rate cuts from the Reserve Bank could come sooner than expected.

While it's clear many thrifty shoppers saw the need to hunt for Christmas gift bargains in November, the Australian Bureau of Statistics notes that overall spending has been subdued.

Vacuum cleaner retailer Godfreys has entered voluntary administration, leaving 193 jobs on the line with 54 stores to close in the next 14 days as it undergoes a restructure while searching for a buyer.

Last month's Christmas and Boxing Day sales were much worse than expected for Australian retailers. Meanwhile, the ASX was a whisker away from a record high.

A police taskforce is investigating a string of arson attacks on tobacco stores, gyms and homes across Victoria, including a fire in Bendigo.

Between $7 billion and $11 billion of the nation’s cash is being used in the shadow economy to fund tax avoidance or other illegal purposes such as buying illicit drugs, according to the Reserve Bank. The news comes after the Australian stock market rose for a fifth consecutive day, hitting a three-week high before the Australia Day long weekend

The Australian share market closes fairly flat as investors sell out of other sectors to pile into mining stocks. This is how the trading day unfolded on our live blog.

Australian households' debt-to-income ratio has reached 185 per cent of disposable income. Is it time to impose tougher lending restrictions? Read about this and how the Australian share market closed higher on Tuesday after an optimistic streak on Wall Street that pushed US stocks to a fresh record high.

Credential stuffing has long been used as a form of cyber crime, but a recent rise in attacks has affected thousands of Australians. Here's what credential stuffing is, how it works, and how you can protect yourself.

Australian shares close lower as Chinese GDP data confirm an economic slowdown. Look back on our markets blog to see how Wednesday's events unfolded.

The Australian share market has hit a four-week low, dragged down by commodity stocks on weaker prices, with heavyweight miners hitting their lowest level since early December.

Police have arrested and charged a man who allegedly vandalised a Brisbane Woolworths store with graffiti, and set a flare off under the door.

A Woolworths Metro in the Brisbane suburb of Teneriffe is spray painted with profanities surrounding the Australia Day controversy, with the apartment building above evacuated after a flare was set off.

The Federal Court dismissed a challenge by three Tiwi elders who were trying to stop gas giant Santos laying a pipeline near their islands off northern Australia.